Treasury to Auction $104 Billion in Debt Next Week, a Record
June 19, 2009 by admin · Leave a Comment
The Treasury announced Thursday a record $104 billion worth of bond auctions for next week, part of its herculean efforts to finance a rescue of the world’s largest economy.
The sales will exceed the previous record of $101 billion set in auctions that took place in the last week of April and consist of two-year, five-year and seven-year securities. That record was matched by another $101 billion week in May. Read more…
